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References (5)
-
G. Constable, D. Whybark (1978)
THE INTERACTION OF TRANSPORTATION AND INVENTORY DECISIONSDecision Sciences, 9
-
W. Baumol, H. Vinod (1970)
An Inventory Theoretic Model of Freight Transport DemandManagement Science, 16
-
F. Buffa (1988)
An Empirical Study of Inbound Consolidation OpportunitiesDecision Sciences, 19
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10.1108/eb014635
-
D. Dehayes (1971)
THE ANALYSIS OF RAIL TRANSPORT PERFORMANCE CHARACTERISTICSDecision Sciences, 2
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0144-3577
- DOI
- 10.1108/EUM0000000001273
- Publisher site
- See Article on Publisher Site
Abstract
This article provides a discussion of key components for thedecisionmaker concerned with the logistical issues of implementing aJustinTime JIT manufacturing philosophy. A JIT philosophy promotesreduced cycle times that provide benefits not normally considered intraditional inventory models and presents new concerns for thepurchasing and logistics functions. The ramifications are investigatedof a JIT implementation using an inventorytheoretic modelling proceduremodified and expanded to incorporate these considerations. The resultingcost comparisons indicate that the lead time variability associated withuncertain transit times in JIT is critical in the determination of ordercycle time, order point, safety stock and the holding cost of the safetystock.
Journal
International Journal of Operations & Production Management – Emerald Publishing
Published: Jul 1, 1991